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re: For all those who opposed WikiTiger and Bitcoin
Posted on 12/12/17 at 6:36 pm to 13SaintTiger
Posted on 12/12/17 at 6:36 pm to 13SaintTiger
quote:
he was pushing it back in 2013. The price was much lower than 300
he was pimping it in 2011 when I was in my dorm at LSU. $2
2
Posted on 12/12/17 at 6:42 pm to Carson123987
I don’t really see the value of it as a currency. If I were selling something big, I’d much rather have $ than bitcoin. It fluctuates way too wildly. Might as well be given penny stocks as far as I’m concerned
Wiki was pimping bitcoin but he also claimed the price would stabilize and everyone would be using it in place of dollars. Neither has happened yet.
Wiki was pimping bitcoin but he also claimed the price would stabilize and everyone would be using it in place of dollars. Neither has happened yet.
Posted on 12/12/17 at 6:45 pm to PurpleNGoldFan
High arse transaction fees are going to destroy bitcoin as a “currency”
This post was edited on 12/12/17 at 6:46 pm
Posted on 12/12/17 at 6:48 pm to foshizzle
quote:it kind of has, in many African and South American countries it is starting to be used in place of their native currencies. People have more faith in bitcoin than the bolivar and shite
I did not agree with his pie in the sky ideas that it would replace national currencies all across the world. That still hasn't happened,
Posted on 12/12/17 at 6:49 pm to PurpleNGoldFan
all it would take is a couple of large scale miners to say "frick it" to crash bitcoin
Posted on 12/12/17 at 6:52 pm to PurpleNGoldFan
Eventually the bubble will burst, they always do.
Posted on 12/12/17 at 6:53 pm to TheIndulger
quote:
It fluctuates way too wildly
Wat
quote:
he also claimed the price would stabilize and everyone would be using it in place of dollars. Neither has happened yet.
It will eventually stabilize, but for now and the past few years it’s been trending up. People, a lot of people, are using bitcoin as a currency. Of course everyone isn’t going to use it in a matter of a few years, that’s ludicrous. You have a ridiculous bar set for being wrong.
Posted on 12/12/17 at 6:54 pm to DVinBR
quote:
High arse transaction fees are going to destroy bitcoin as a “currency”
Lol you got this trash from CNBC fast money
This post was edited on 12/12/17 at 6:55 pm
Posted on 12/12/17 at 6:54 pm to DVinBR
I think a lot of people miss view the aruguements we had with Wiki. He as right on price, but I argued against the utopia of a one word currency and “laws of the universe” bit.
The fact remains. People pump and dump for US $$.
This is all very interesting though, but I maintain its true value is when it’s technology is attached to something like the dollar for more stability.
The fact remains. People pump and dump for US $$.
This is all very interesting though, but I maintain its true value is when it’s technology is attached to something like the dollar for more stability.
Posted on 12/12/17 at 6:54 pm to PurpleNGoldFan
i mean the only ones that are pumping the shite out of it are the ones invested in it
Posted on 12/12/17 at 6:55 pm to DVinBR
WikiTiger signed in within the past 7 days
Posted on 12/12/17 at 6:55 pm to 13SaintTiger
Hindsight and all, wish I had bought in.
I figured a government like Russia or even the US was going to step in and wreck it, since people are using it in Lieu of their native, weaker currencies.
I figured a government like Russia or even the US was going to step in and wreck it, since people are using it in Lieu of their native, weaker currencies.
Posted on 12/12/17 at 6:56 pm to PurpleNGoldFan
There are 3 gas stations right near my office that have bitcoin atms next to regular atms. Must be a lot of bit coin owners around this part of atlanta
Posted on 12/12/17 at 7:00 pm to 13SaintTiger
quote:
It will eventually stabilize, but for now and the past few years it’s been trending up. People, a lot of people, are using bitcoin as a currency. Of course everyone isn’t going to use it in a matter of a few years, that’s ludicrous. You have a ridiculous bar set for being wrong.
I’ve never met anyone who has used it
Posted on 12/12/17 at 7:04 pm to TheIndulger
Why would you use it with the value skyroxking? You would be throwing money away.
Posted on 12/12/17 at 7:05 pm to TheIndulger
quote:
’ve never met anyone who has used it
I don’t even know how to respond to this. I would recommend you do some research
Posted on 12/12/17 at 7:06 pm to PurpleNGoldFan
there will be a tipping point, where it happens i don't know
the total market cap of bitcoin far exceeds the cost of all goods and services that can be purchased with it
the total market cap of bitcoin far exceeds the cost of all goods and services that can be purchased with it
Posted on 12/12/17 at 7:07 pm to 13SaintTiger
quote:
don’t even know how to respond to this. I would recommend you do some research
It is pretty well documented that the majority of bitcoin transactions are ownership changes not involving goods for sale
Posted on 12/12/17 at 7:11 pm to Fusaichi Pegasus
nm
This post was edited on 5/21/20 at 2:39 pm
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